earnings
confidence high
sentiment positive
materiality 0.70
ATN Q3 revenue up 5% to $191M; EBITDA up 10%; FY24 guidance $200-208M
ATN International, Inc.
2023-Q3 EPS reported
-$0.80
revenue$563,250,000
- Revenue $191.0M (+5% YoY); operating income $6.8M; net loss ($3.6M) or ($0.31)/share.
- Adjusted EBITDA $47.8M (+10% YoY); high-speed subscribers +20%; broadband homes passed +52%.
- FY23 outlook reaffirmed: Adjusted EBITDA $183-$193M; capex $160-$170M net.
- Preliminary FY24 outlook: Adjusted EBITDA $200-$208M; capex $120-$130M net.
- Q3 capex $37.2M net of $7.3M reimbursements; strategies 'First-to-Fiber' and 'Glass & Steel'.